The financial anarchy in the US is a God send to the Democrats

|The Democratic party may have no idea how to solve the increasingly bizarre behaviour of the markets and the FED RES and the Bush administration. But such titanic upheavel can be, if the Democrats have the skills to do so, the act to finish the presidential race before it has started if the events can be portrayed as the direct fault of the Rebulican party (not Bush) and its close ties to big business the GOP will not stand a chance of winning. Onced again "its the economy stupid" A party that can be portrayed as being incompetent managers of the economy will surely fail. Confidence in the Rebublicans ability to handle the economy must have taken a beating in the last 48 hours. An 85 million dollar bail out using tax payers money to essentially nationalise a finanicl servies giant does not sit well with the American public. The Presidency is Mr. Obama's to loose.

Never underestimate the stupidity of the American voters,

I believe that was 85 billion dollars MadDog, apparently about a quarter of the government reserves.

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Originally Posted by mad_dog

An 85 million dollar bail out using tax payers money to essentially nationalise a finanicl servies giant does not sit well with the American public.

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Saw today on CNN, the US government is formalizing a plan which will buy out "all" the bad mortgage debts in Financial institutions thoughout the country.

Value of the debt is "huge" and of course will come out of the taxpayer's pocket.

Great system. Privatize gains, nationalize risk!!!!

Dems controlled Congress so - blame will squarely rest on them. Not good news for Dems with an election coming up. Repubs should be in good shape.

^do you live in the real world brit???

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Originally Posted by buriramboy

do you live in the real world brit???

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No he lives in the Republic of the United Republican's of America. Facts are not an obstacle to opinion.

Fact - Dems have been majority in Congress for only 2 of the last 8 years.
Fact - SEC oversight is the responsibility of GWB's Administration which has been in place for nearly 8 years. Even McCain says he would fire the SEC Chairman if he were President.

Facts are not an obstacle to opinion. :rofl:

ps : gotta spread the luv , I'll get back to ya :)

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Originally Posted by buriramboy

^do you live in the real world brit???

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Indeed I do BB - dare say a few pints will be seeing their way to you. ;)

YouTube - Ron Paul Discusses Financial Turmoil and the Fed 9/18/08

The only guy with any brains in the US constitution.

And a true Patriot.

^good doctor, but another yank muppet for a politician.

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Originally Posted by britmaveric

Dems controlled Congress so - blame will squarely rest on them. Not good news for Dems with an election coming up. Repubs should be in good shape.

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It wont work that way brit. The Republicans are in power now so like it or not the average American voter being as smart as they are will blame them. Which is just fine by me.

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Originally Posted by britmaveric

^good doctor, but another yank muppet for a politician.

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Maybe a muppet but he's opened up a can of worms and has been doing so for some time, much to the neocons dissaproval.

At least he has the balls to stand up and say it like it is.

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Originally Posted by aging one

American voter being as smart as they are will blame them

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if the latest polls are anything to go by......

^Seem to be supporting McCain - yank politics, strange bloody animal.

^
you checked the cnn poll of polls today brit?

Not as of today
(CNN) -- Sen. Barack Obama has widened his lead over Sen. John McCain, according to CNN's latest "poll of polls."
https://teakdoor.com/images/imported/2008/09/509.jpg Sen. Barack Obama leads Sen. John McCain by 3 percentage points, according to CNN's "poll of polls."



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The senator from Illinois is ahead of McCain in national polls by 3 percentage points, 47 percent to 44 percent. Obama was up by 2 points in the poll of polls released earlier Thursday.
McCain led in national polls last week, but by the weekend, the candidates were tied. Obama recaptured the lead for the first time in 10 days Wednesday.
The latest poll of polls consists of four surveys: CBS/The New York Times (September 12-16), Gallup (September 15-17), Diageo/Hotline (September 14-16) and American Research Group (September 13-15). It does not have a sampling error.

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Originally Posted by ChiangMai noon

if the latest polls are anything to go by......

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You will notice the poll reaction over the last few days. Clearly the nasty economic situation is driving the shift from McCain to Obama.

RealClearPolitics - Election 2008 - General Election: McCain vs. Obama

John McCain leads Barack Obama by 48 percent to 44 percent nationwide, according to George Washington University's "Battleground Poll"

CQ Politics | Poll Tracker - "Battleground Poll" Has McCain Ahead

Hey you found one where he is still ahead good job.

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Originally Posted by mad_dog

The Presidency is Mr. Obama's to loose.

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Originally Posted by Begbie

Never underestimate the stupidity of the American voters

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race, race, race.......

^
Obama could still lose because he is black, says Kansas Governor .:. NewKerala - India's Top Online Newspaper

New York, Sept.18 : Racism has come to the fore again in the United States more than four decades after blacks were granted their civil and civic rights.
Kansas Governor Kathleen Sebelius has attracted praise for being realistic, controversy and criticism by issuing a statement that said that important Democrat presidential Barack Obama could still lose the elections because he is “black”.

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Originally Posted by aging one

Hey you found one where he is still ahead good job.

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Errr....The poll survey was done 7 Sept. Hardly reflects an up to date poll which would reflect the "economic" issues.

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Originally Posted by britmaveric

Barack Obama could still lose the elections because he is “black”.

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A statement of the obvious. He could win because he's black as well, IMO.

^Well most were done 15-17, so dare say none of these have the real affect - prob see that next week. However that being said polls are worthless.

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Originally Posted by Norton

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Originally Posted by britmaveric

Barack Obama could still lose the elections because he is “black”.

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A statement of the obvious. He could win because he's black as well, IMO.

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This is a possibilty and a great stunt.

Get all the poor black communites in the US where their life expectancy is lower than some in africa on your side. They had no one to vote for before cause they were treat like shit, but now they have Obama, he is going to change very little if anything.

People need to start thinking outside of the box